Global Deployable Military Shelter Systems Revenue Growing From 35.26 Million USD In 2018 To 39.59 Million USD In 2024
Friday, 15 Nov, 2019
Deployable Military Shelter, used by army personnel, is a kind of niche product necessitated by the advancements in military activities, tactics, exercises and joint operations. The international military spending for 2018 remains high. Together the 29 NATO member states accounted for 52% of spending, with the US making up 35% of the world share. Despite this, the boost in global military expenditure in recent years has largely been attributed to growth in countries in Asia, Oceania, and the Middle East. It is obvious that the Deployable Military Shelter plays an important in the Command Posts, Medical Facilities Base and Aircraft and Vehicle Maintenance.
Deployable Military Shelter have grown from 6.64 k units in 2014 to 7.47 k units by the end of 2018; and the revenue grew from 111.1 million USD to 117.60 million USD, growing at a CAGR of 1.43%.
Global revenue of the top 3 Deployable Military Shelter Systems manufactured (HDT Global, Roder HTS Hocker and Alaska Structure) is valued at 43.45 million USD, occupying about 36.95% market share in 2018.
Geographically, North America is the largest sales market in the world, which took about 32.37 percent of the global consumption volume in 2018 and share 33.73% of global total revenue. Europe also play an important role in the global Deployable Military Shelter Systems market, with its revenue growing from 35.26 million USD in 2018 to 39.59 million USD in 2024, with a CAGR of 1.95%.
Although sales of Deployable Military Shelter Systems brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the Deployable Military Shelter Systems field hastily.